The modern world and its technologies do not stand still, many of us have not so long ago learned about such technology as blockchain, I can say with certainty in future all services will work on this platform. Today we will talk about a new blockchain that promises to be the fastest on the market, an alternative to such existing blockchains as bitcoin and ethereum.
MetaHash — is a fresh blockchain, declaring itself as a fast and cheap replacement for popular blockchains. Having its own token, called MetaHashCoin, support for smart contracts, decentralized applications and browser-based cloud services, the site, in fact, can be a promising idea.
MetaHash was founded this year. Most of the company’s management is based in Moscow and the Moscow region. The main entrepreneurs: G. Nitkin (AdSniper company), A. Agranovsky (investment company Agranovsky IT) and V. Nashkin (advertising agency AdNow). They act as quoters for MetaHash. This project is the result of the combined efforts of the three authors and the best specialists of their companies. They invited for cooperation a number of experts on international marketing, PR and business development.
In the White newspaper MetaHash listed a number of employees who create the impression of separate organizations. It seems that the lion’s share of the work done on the site is carried out by teams regrouped from private co-founders’ companies. However, there are employees who associate with MetaHash .
The majority of employees are Russian citizens, so there is no information about them in English.
The MetaHash network consists of four parts. Interconnected and built on the principles of cryptocurrency and blockchain. Components of the system form a single solution that allows multi-component decentralized applications to function in an online mode. The technical complexity of the structure is hidden behind a user-friendly interface, which makes it accessible to ordinary users.
In the following sequence the products are presented on the company’s website:
TraceChain — an alternative to blockchain. It checks transaction for 3 seconds, allowing you to make 5 billion transactions every day. The speed problem is solved by an automatic self-learning algorithm that routes signals over the network. Starting with 50 thousand transactions per 1 sec. (the channel capacity is 100 megabits), the speed increases with the number of nodes with an increased limit of the amount of passing information forming the core of the network and increasing the reliability of the additional data chains necessary for the functioning of applications.
MetaApps is similar to the new level of DApps, made because of dynamic smart contracts. Decentralized applications utilize the hubs of the MetaHash network. The basic code of MetaApps optimizes the location of copies of the application, taking into account the required resources and financial motivation of the owners of the nodes connected to the network. Developers assure that these online applications can be developed using any of the programming languages. Any developer will be able to write and place applications on the system. And the owners of MetaHashCoin will vote to decide on the approval of the application.
MetaGate is a decentralized analThe open source code of the interface utilizes the TraceChain convention and enables you to work with MetaApps and systems.
MetaHashCoin is a blockchain currency that ought to be utilized not just for exchanges and payment for network administrations, but also for putting away data, controlling self-financing, propelling DApps and recording them.yment for network administrations, but also for putting away data, controlling self-financing, propelling DApps and recording them.
Name of the token: MHC
Platform: Ethereum
Standard: ERC20
Number of released tokens : 92,000,000 MHC
Price: 1 MHC = 0.0125 ETH
Payment: ETH
MetaHash is a very ambitious project, which proves to us that the technology of blockchain can be improved. The developers set a very bold goal, to become better than bitcoin. In theory, the project is painted very well, therefore, we wish its developers good luck in its implementation. If you are interested in this project, you can read it in more detail on the links from below.
Official website: https://metahash.org/
Whitepaper: https://metahash.org/docs/MetaHash_WhitePaper_EN.pdf
Telegram: https://t.me/metahash_eng
Twitter: https://twitter.com/themetahash
Facebook: https://www.facebook.com/MetaHash/
Medium: https://medium.com/@themetahash
Reddit: https://www.reddit.com/r/MetaHash_community/
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